Ichimoku Forex Trade of the Week Jan 2, 2014 : 7 time frame Sell GBPCHF Currency

Dec 29, 2014 08:49:12 PM EST, We received an Ichimoku 7 time frame Sell Email alert on the GBPCHF Currency for the forex market.  Here is the email alert:

GBPCHF EMAIL ALERT

 

I actually turned this into two trades. I took the pull back at the SKB because it was the same level as the 4hr kijunsen . Took it to the top of the pivot, then took the break out. The break out is 1:1 reward risk. Entry is 1.5388, Initial stop is 1.5316 and preserve mode is 1.5482. Lets take a look at the chart.

GBPCHF EMAIL CHART

 

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About the Author Michel Colquitt